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Melbourne’s auction market in Melbourne achieved a 79 percent clearance rate on Saturday. The number of listed auctions was down to 655 from last week’s 1,045 while the number of reported auctions also dropped to 485 from 781. A total of 389 properties were sold with total sales amounting to more than $302,922,000. The median price recorded was $789,000. The Domain Group, on the other hand, …
Continue Reading about Melbourne Auction Results | 6th May 2017 →
Melbourne recorded a 69 percent clearance rate yesterday with a total of 1,189 scheduled auctions. Of that figure, 137 sold prior to auction, 308 passed in, 576 sold at auction and four sold after auction. In the past three weeks, Melbourne's clearance rate dropped below 70 percent. Last weekend's rate was the lowest on record in more than two years. The most notable drop in clearance …
Continue Reading about Melbourne Auction Results | 7th November 2015 →
Melbourne recorded a low clearance rate of 66 percent in yesterday's auctions. A total of 490 properties were listed for auction, 371 were reported and 252 got sold. The total amount of sales noted was more than $151 million based on data from the Domain Group. The clearance rate for Victoria over the weekend was also lower than the previous weekend at 67 percent. The rate was the similar for …
Continue Reading about Melbourne Auction Results | 31 October 2015 →
